News Release

Republic Airways Reports December 2012 Traffic

INDIANAPOLIS--(BUSINESS WIRE)--Jan. 8, 2013--
Republic Airways Holdings (NASDAQ: RJET), today reported preliminary
passenger traffic results for December 2012. The Company generated
approximately 1.7 billion revenue passenger miles (RPMs), essentially
the same as December of 2011, on a 4% decrease in capacity to 2.1
billion available seat miles (ASMs). Block hours were 1% less than
December 2011 at 76,837. Consolidated load factor was 82% versus 79% in
the same month last year. Republic Airways passenger traffic increased
2% from the prior year.

December

2012

2011

Total

Total

Change

RPMs (000s)

1,684,294

1,692,698

-

ASMs (000s)

2,061,288

2,151,340

-4%

Block Hrs

76,837

77,732

-1%

LF %

82%

79%

3 pts

Passengers

2,542,326

2,504,010

2%

Quarter to Date

2012

2011

Total

Total

Change

RPMs (000s)

5,064,679

5,061,591

-

ASMs (000s)

6,112,136

6,292,017

-3%

Block Hrs

226,740

228,304

-1%

LF %

83%

80%

3 pts

Passengers

7,759,538

7,643,381

2%

Year to Date

2012

2011

Total

Total

Change

RPMs (000s)

20,698,803

20,961,448

-1%

ASMs (000s)

25,345,642

26,227,724

-3%

Block Hrs

915,534

950,799

-4%

LF %

82%

80%

2 pts

Passengers

30,812,958

31,356,550

-2%

Republic Airways Holdings, based in Indianapolis, Indiana, is an airline
holding company that owns Chautauqua Airlines, Frontier Airlines,
Republic Airlines and Shuttle America, collectively “the airlines.” The
airlines operate a combined fleet of more than 280 aircraft and offer
scheduled passenger service on nearly 1,500 flights daily to over 145
cities in the U.S. as well as to the Bahamas, Canada, Costa Rica,
Dominican Republic, Jamaica, and Mexico under branded operations at
Frontier, and through fixed-fee flights operated under airline partner
brands, including AmericanConnection, Continental Express, Delta
Connection, United Express, and US Airways Express. The airlines
currently employ approximately 10,000 aviation professionals. For more
information on Republic Airways, please visit our website at www.rjet.com.

Source: Republic Airways Holdings

Republic Airways HoldingsMargaret Miller, 317-246-2628

"Safe Harbor" Statement under the Private Securities
Litigation Reform Act of 1995: Statements in this press release regarding Republic
Airways Holdings's business which are not historical facts are "forward-looking
statements" that involve risks and uncertainties. For a discussion of such
risks and uncertainties, which could cause actual results to differ from those
contained in the forward-looking statements, see the summary of risk factors contained
in our earnings release.